Thai Credit Bank PCL has operated as a commercial bank for more than 19 years, offering a wide range of financial and investment services. Thai Credit Bank continues to focus on providing loans to Micro, Small, and Medium Enterprises (MSME) and Nano and Micro Finance for small businesses. This caters to the grassroots entrepreneurs, the backbone of the country, who often find it challenging to access financial services, including home loan and digital financial transaction channels (Digital Platform).
| 2025 | 2024 | 2023 | 2022 |
|---|
| Revenues | 19,145.37 | 18,701.42 | 16,604.31 | 13,451.43 |
| Expenses | 14,141.69 | 14,162.94 | 12,145.40 | 10,491.59 |
| Net Profit (Loss) | 4,016.28 | 3,624.03 | 3,556.78 | 2,352.52 |
| Assets | 209,542.02 | 183,101.80 | 163,444.33 | 143,189.47 |
| Liabilities | 183,247.11 | 160,069.52 | 145,939.20 | 128,807.89 |
| Shareholders' Equity | 26,294.91 | 23,032.28 | 17,505.13 | 14,381.58 |
| Operating | 2,107.46 | -2,247.87 | -4,286.36 | -3,999.52 |
| Investing | -661.98 | 799.27 | -357.13 | 2,634.15 |
| Financing | -1,180.33 | 1,470.36 | 4,652.85 | 1,405.04 |
| EPS (Baht) | 3.25 | 2.95 | 3.05 | 4.56 |
| GP Margin (%) | ||||
| NP Margin (%) | 20.98 | 19.38 | 21.42 | 17.49 |
| D/E Ratio (x) | 6.97 | 6.95 | 8.34 | 8.96 |
| ROE (%) | 16.28 | 17.88 | 22.31 | 16.36 |
| ROA (%) | 4.42 | 4.59 | 4.58 | 3.21 |
Thai Credit Bank PCL strives to be the number one among small business customers with a unique business model and meet the real demands of Thai people across all regions. In 2026, Thai Credit's strategy remains focused on balanced and sustainable growth, coupled with rigorous asset quality management. This is under the strategic pillar of customer-centricity, achieved through the design of highly flexible products, along with continued upgrading of Digital Core Banking. The bank will also prepare for uncertainties by carefully managing loan quality and maintaining NIM in a low-interest rate environment.
In 2026, Thai Credit continues to target double-digit loan growth, a NIM of 7.5-8.0%, an expense-to-income ratio of 42.0-44.0%, a credit cost of 1.50-2.00%, and a NPL ratio of less than 4.5%.
Thai Credit is a commercial bank that adheres to its vision and mission that focuses on conducting business on the basis of sustainable growth by providing the best financial services to support customers grow their business and improve people's quality of life with the Bank's unique microfinance services and elevate the financial status, including contributes to the economy and society, in line with the bank's philosophy, “Everyone Matters”.
In addition, Thai Credit prioritizes raising the quality of life and financial knowledge for communities and society and driving change through various Thai Credit’s initiatives and dedication to regularly conducting business responsibly.
1. Thai Credit under Tang To Know-How entering 9th years. In 2025, there were 368,444 people through over 2,590 sessions.
2. Thai Credit received SET ESG rating of “A” from the SET.
3. Thai Credit received the Sustainability Disclosure Recognition award from the Thaipat.
4. Thai Credit received an "Excellent" (5-star) rating for the second consecutive year from IOD.
Thai Credit achieved a record-high net profit of THB 4,016.3 million, a 10.8% YoY increase. For Q4/2025, the bank reported a net profit of THB 1,174.6 million, a continuous 15.9% QoQ increase. The main drivers were loan growth, increased other operating income from accrued income from FIDF compensation, and a significant reduction in expected credit losses due to improved borrower ability to repay and continuously improving loan quality. The projected earnings per share for the fourth quarter of 2025 are THB 0.95, and THB 3.25 for the full year, reflecting the strength of the bank's business model and effective risk management amidst challenging economic conditions.
Thai Credit reported record-high net profit of THB 4,016.3 million in 2025, an increase of 10.8% YoY. This is primarily due to a significant reduction in expected credit losses of 22.3%, resulting from the Bank's prudent lending management and improved asset quality. Furthermore, in 2025, the Bank continued to implement measures to assist borrowers, such as the "You Fight, We Help" program, to accelerate assistance and prevent borrowers from falling into Stage 2 and Stage 3 credit categories. As a result, borrowers' ability to repay debts and loan quality improved continuously. The NPL ratio decreased to 4.2%, while the NPL coverage ratio remained high at 158.4%, up from 148.6% as of December 31, 2024, to mitigate future economic uncertainties.
In 2025, loan growth is expected to remain at 2.4% QoQ and 11.5% YTD. The bank's net interest margin is projected at 7.5%, a slight decrease from Q3/2025. Furthermore, the return on equity (ROE) in 2025 remains high compared to the industry average at 16.28%.
Risk management is key to Thai Credit's stable and sustainable growth. Thai Credit has a risk management plan which focuses on developing and strengthening risk management systems across several areas to ensure that all essential processes are covered, and in line with the BOT's risk oversight guidelines. The risk management plan provides possible mitigation measures to challenges arising from loan quality, especially in a situation caused by an external factor beyond the control of Thai Credit.
Besides, established its organizational structure considering the balance of power and efficient operational processes. It has also adhered to the principles of good corporate governance, implemented a risk reporting system, and put in place suitable risk management tools and processes to manage risks effectively. Also, encouraged all its employees to inform themselves of operational procedures relating to risk management and about their duties and responsibilities, through the publication of a risk management policy, relevant trainings, and supervision in each business unit.
- Thai Credit received the "Creativity Awards" and the "Financial Changemaker Award" from the SEC
- Thai Credit prioritizes promoting knowledge and understanding of modern cybersecurity through a special lecture on the topic of "The War on Misinformation & Knowing How to Avoid Being Deceived", aiming to impart knowledge and build a protective shield against cyber threats among students at Suan Dusit University.
| as of 30/12/25 | CREDIT | BANK | SET |
|---|---|---|---|
| P/E (X) | 4.74 | 8.32 | 15.44 |
| P/BV (X) | 0.76 | 0.75 | 1.19 |
| Dividend yield (%) | 3.87 | 5.93 | 3.71 |
| 30/12/25 | 30/12/24 | - | |
|---|---|---|---|
| Market Cap (MB) | 19,140.01 | 22,844.53 | N/A |
| Price (B/Share) | 15.50 | 18.50 | N/A |
| P/E (X) | 4.74 | 7.20 | N/A |
| P/BV (X) | 0.76 | 1.04 | N/A |
